Derek Thompson debunks the myth of an increase in part-time employment.
“The rise of part-time work seem to be 100 percent the creation of economic downturns. That’s why it seems to be holding hands with unemployment, riding the roller coaster up during recessions, and down during recoveries”
“But what about part-time employment for non-economic reasons? The story here is short and sweet: There is no story here. The share of Americans working part-time for personal reasons … is flat and trending down, according to the San Francisco Fed.”
“The entire increase in part-time employment happened before Obamacare became a law.”